(Bloomberg) — Just days after launch, the first U.S. Bitcoin futures exchange-traded fund risks becoming too popular for its own good.
Most Read from Bloomberg
The Proshares Bitcoin Strategy ETF (ticker BITO) is already on track to breach a limit on the number of futures contracts it is permitted to hold by the Chicago Mercantile Exchange, according to data compiled by Bloomberg.
After two days trading BITO owns nearly 1,900 contracts for October, and CME rules cap the number of front-month…
Source link
